CostIndexUSA

Clarksville, TN vs Waterbury, CT Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableTN
Clarksville
90.9
overall index
$1,350/mo rent
CT
Waterbury
99.8
overall index
$1,325/mo rent

Clarksville is moderately cheaper than Waterbury — 9.8% lower overall cost of living.

To match an $80,000 salary in Clarksville, you would need $87,800 in Waterbury. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing+20.7%
Clarksville
73.8
Waterbury
89.1
🛒 Groceries+1.1%
Clarksville
96.2
Waterbury
97.3
🚗 Transportation+7.5%
Clarksville
100.3
Waterbury
107.8
🏥 Healthcare+7.5%
Clarksville
90.7
Waterbury
97.5
Utilities+103.6%
Clarksville
72.5
Waterbury
147.6

Salary Equivalency Calculator

Enter your current salary in Clarksville to see what you'd need to earn in Waterbury to maintain the same purchasing power.

$
Equivalent salary in Waterbury, CT
$87,800
$7,800 more needed in Waterbury

Formula: salary × (99.8 ÷ 90.9) = salary × 1.0979. Based on BEA Regional Price Parities.

Housing Market

Clarksville, TN

Median Home Price
$289,000
Median Monthly Rent
$1,350
Housing Index
73.8
Price-to-Rent Ratio
17.8×

Waterbury, CT

Median Home Price
$420,000
Median Monthly Rent
$1,325
Housing Index
89.1
Price-to-Rent Ratio
26.4×

Waterbury has 20.7% higher housing costs compared to Clarksville.

Income & Job Market

Clarksville, TN

Median Household Income
$67,100
Per Capita Income
$38,200
Unemployment Rate
5.6%
Population
166,722
Top Industries
MilitaryHealthcareManufacturingRetailEducation

Waterbury, CT

Median Household Income
$81,300
Per Capita Income
$46,300
Unemployment Rate
5.3%
Population
114,403
Top Industries
HealthcareManufacturingFinanceEducationGovernment

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Clarksville, TN
4.1×income-to-rent ratio

76% of income left after rent (median)

Waterbury, CT
5.1×income-to-rent ratio

80% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.